Brief: Wine trading group Hawesko says expects FY EBIT to be significantly higher
19/10/2020 19:45
Oct 19 (Reuters) - Hawesko Holding AG HAWG.DE :
* OPERATING RESULT IN FIRST 9 MONTHS OF 2020 WILL MORE THAN
DOUBLE
TO EUR 21-22 MILLION ACCORDING TO PRELIMINARY CALCULATIONS
* MANAGEMENT BOARD EXPECTS OPERATING RESULT (EBIT) FOR FULL
YEAR
2020 TO REACH AROUND EUR 33 MILLION
* WINE-TRADING GROUP HAWESKO HOLDING AG (HAW GR, HAWG.DE,
DE0006042708) ANNOUNCED TODAY THAT OPERATING RESULT (EBIT) OF
GROUP IN FIRST NINE MONTHS (1 JANUARY TO 30 SEPTEMBER) OF 2020
WILL MORE THAN DOUBLE TO EUR 21-22 MILLION ACCORDING TO
PRELIMINARY CALCULATIONS (SAME PERIOD IN PREVIOUS YEAR: EUR 9.5
MILLION)
* SALES REVENUES WILL HAVE INCREASED DURING SAME PERIOD BY
APPROXIMATELY 11% TO EUR 415 MILLION (PREVIOUS YEAR: EUR 374.4
MILLION).
* MANAGEMENT BOARD EXPECTS OPERATING RESULT (EBIT) FOR FULL
YEAR
2020 TO REACH AROUND EUR 33 MILLION AND BE SIGNIFICANTLY HIGHER
THAN PREVIOUS YEAR'S FIGURE OF EUR 29.1 MILLION
* A DETAILED ANALYSIS AS WELL AS QUARTERLY STATEMENT TO 30
SEPTEMBER 2020 WILL BE PUBLISHED ON 5 NOVEMBER 2020
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